AMERICAN DANCE FESTIVAL INC (EIN 060932294) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

TALLMAN TRASK

Phone

9196846402

Tax Period

2023-10-01 to 2024-09-30

AMERICAN DANCE FESTIVAL INC, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.4M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Net assets of $16.0M represent 56 months of operating reserves.

Mission

TO ENCOURAGE AND SUPPORT THE CREATION OF NEW MODERN DANCE WORK.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,345,949

Program Service Revenue $1,206,897

Investment Income $819,048

Other Revenue $25,444

TOTAL REVENUE $3,397,338

Expense Breakdown

Grants Paid $221,185

Salaries & Benefits $1,169,740

Fundraising Expenses $133,023

Program Expenses $2,641,877

Other Expenses $2,089,143

TOTAL EXPENSES $3,480,068

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,397,338	$4,390,839	-0.2%
Expenses	$3,480,068	$3,570,609	0.0%
Net Income	$-82,730	$820,230	-1.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$209,444

Total Directors

$209,444

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERNARD E BELL	BOARD MEMBER	1.00	Director	$0	$0	$0
NATALIE W DUNN	BOARD MEMBER	1.00	Director	$0	$0	$0
RALF ETIENNE	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD E FELDMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES FRAZIER	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANE LINFORS	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINE MARK	BOARD MEMBER	1.00	Director	$0	$0	$0
CARLTON MIDYETTE	BOARD MEMBER	1.00	Director	$0	$0	$0
ADAM REINHART	BOARD MEMBER	1.00	Director	$0	$0	$0
ARTHUR H ROGERS III	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDITH SAGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSEMARIE SWEENEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID DELANEY MAYER	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN HALL	BOARD MEMBER UNTIL NOV 2023	1.00	Director	$0	$0	$0
ROBIN GALLANT	BOARD MEMBER BEGININNING OCT 2023	1.00	Director	$0	$0	$0
CHARLES L REINHART	DIRECTOR EMERITUS	1.00	Officer Director	$0	$0	$0
TALLMAN TRASK	TREASURER	1.00	Officer Director	$0	$0	$0
CURT C MYERS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
NANCY P CARSTENS	SECRETARY	1.00	Officer Director	$0	$0	$0
JODEE NIMERICHTER	EXECUTIVE DIRECTOR/PRESIDENT	40.00	Officer Director	$190,923	$18,521	$209,444
TIM NEWLIN	DIRECTOR OF FINANCE FROM JANUARY 2024	40.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$3,397,338	$3,480,068	$16,268,270	$-82,730
2023	$4,390,839	$3,570,609	$14,245,118	$820,230
2022	$3,895,844	$3,286,036	$13,153,237	$609,808
2021	$2,712,778	$1,799,625	$15,847,262	$913,153
2020	$2,464,066	$1,691,358	$13,092,436	$772,708
2019	$4,548,748	$3,407,150	$12,549,293	$1,141,598
2018	$3,481,426	$3,322,422	$12,505,094	$159,004

AMERICAN DANCE FESTIVAL INC